Sidewinder hits third strike

NEW Zealand-focused Canadian junior TAG Oil has hit paydirt again, with its deviated Sidewinder-3 appraisal well striking oil and gas to the south of last September's Sidewinder-1 discovery in onshore Taranaki.

06 April 2011
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The Vancouver-headquartered company said overnight that Sidewinder-3 was a confirmed light oil and gas discovery in TAG Oil's 100%-controlled exploration lease PEP 38748.

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